Company No: 11961607 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	1,569,421		1,149,475
		1,569,421		1,149,475
Current assets
Stocks		442,556		14,228
Debtors	4	670,864		914,074
Cash at bank and in hand		179,021		11,503
		1,292,441		939,805
Creditors: amounts falling due within one year	5	( 971,818)		( 823,835)
Net current assets		320,623		115,970
Total assets less current liabilities		1,890,044		1,265,445
Creditors: amounts falling due after more than one year	6	( 973,734)		( 470,467)
Net assets		916,310		794,978
Capital and reserves
Called-up share capital	7	20		20
Profit and loss account		916,290		794,958
Total shareholder's funds		916,310		794,978

For the financial year ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of J Keane Plant Hire Limited (registered number: 11961607) were approved and authorised for issue by the Director on 20 August 2026. They were signed on its behalf by:

J Keane Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

J Keane Plant Hire Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Farm Buildings, Pencoose Farm, Truro, TR4 9BY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from plant hire services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight line basis over its expected useful life, as follows:

Land and buildings	10 years straight line
Plant and machinery	10 years straight line
Vehicles	4 years straight line
Office equipment	4 years straight line

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	22		15

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£		£
Cost
At 01 May 2025	6,595		1,330,200		198,940		10,412		1,546,147
Additions	0		620,128		147,850		3,373		771,351
Disposals	0		( 189,600)		( 65,845)		0		( 255,445)
At 30 April 2026	6,595		1,760,728		280,945		13,785		2,062,053
Accumulated depreciation
At 01 May 2025	1,980		258,596		131,220		4,876		396,672
Charge for the financial year	660		155,949		34,616		2,730		193,955
Disposals	0		( 50,400)		( 47,595)		0		( 97,995)
At 30 April 2026	2,640		364,145		118,241		7,606		492,632
Net book value
At 30 April 2026	3,955		1,396,583		162,704		6,179		1,569,421
At 30 April 2025	4,615		1,071,604		67,720		5,536		1,149,475

4. Debtors

	2026		2025
	£		£
Trade debtors	578,481		882,303
Other debtors	92,383		31,771
	670,864		914,074

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	250,453		307,278
Other taxation and social security	62,869		34,424
Obligations under finance leases and hire purchase contracts (secured)	404,870		293,185
Other creditors	253,626		188,948
	971,818		823,835

The company's obligations under hire purchase agreements are secured on the assets to which the agreements relate.

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Obligations under finance leases and hire purchase contracts (secured)	692,736		470,467
Other creditors	280,998		0
	973,734		470,467

The company's obligations under hire purchase agreements are secured on the assets to which the agreements relate.

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
20 Ordinary shares of £ 1.00 each	20		20